{"id":8841,"date":"2023-02-02T22:37:20","date_gmt":"2023-02-02T21:37:20","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/02\/02\/apple-posts-first-revenue-drop-in-four-years\/"},"modified":"2023-02-02T22:37:20","modified_gmt":"2023-02-02T21:37:20","slug":"apple-posts-first-revenue-drop-in-four-years","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/02\/02\/apple-posts-first-revenue-drop-in-four-years\/","title":{"rendered":"Apple posts first revenue drop in four years"},"content":{"rendered":"<p>Supply chain issues and slowing demand for the iPhone caused a rare slump for the tech giant as CEO Tim Cook took a pay cut<\/p>\n<p>Apple shares slid more than 4% on Thursday after the company posted a disappointing first quarter earnings report, including rare misses on revenue, profit and sales.<\/p>\n<p>The iPhone maker missed analyst expectations on profit for the first time in seven years, after strict Covid-19 lockdowns and related protests in China upended iPhone production at its biggest supplier.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2023\/feb\/02\/apple-revenue-drop-first-quarter-fiscal-year-2023\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/22ff6557a45423ed003daa2bf5f7ab08c172b703\/0_154_4652_2793\/master\/4652.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=3a11bdb92c6efcef729e3c61ba845500\" title=\"Apple posts first revenue drop in four years\" \/>Supply chain issues and slowing demand for the iPhone caused a rare slump for the tech giant as CEO Tim Cook took a pay cut<br \/>\nApple shares slid more than 4% on Thursday after the company posted a disappointing first quarter earnings report, including rare misses on revenue, profit and sales.<br \/>\nThe iPhone maker missed analyst expectations on profit for the first time in seven years, after strict Covid-19 lockdowns and related protests in China upended iPhone production at its biggest supplier. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Supply chain issues and slowing demand for the iPhone caused a rare slump for the tech giant as CEO Tim Cook took a pay cut Apple shares slid more than 4% on Thursday after the company posted a disappointing first quarter earnings report, including rare misses on revenue, profit and sales. The iPhone maker missed &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2023\/02\/02\/apple-posts-first-revenue-drop-in-four-years\/\"> <span class=\"screen-reader-text\">Apple posts first revenue drop in four years<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":8842,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8841"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=8841"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/8841\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/8842"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=8841"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=8841"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=8841"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}